ADP Non-Farm Employment Change data for February showed 183k increase - slightly above market expectations (est. 170k). The previous month’s release was revised lower from 291k to 202k. The reading sets moderate expectations for Friday’s NFP release (1:30 pm GMT). Revision outweighted headline beat and caused EURUSD to move higher after the release.
EURUSD jumped on significant revision to last month's ADP data. Source: xStation5
Daily summary: Wall Street rebounds after the sell-off 🔼 US dollar strengthens on solid NFP data, oil prices fall
BREAKING: US NFP much stronger than expected 📈 US Dollar and treasuries yields surge
EURUSD loses ground ahead of NFP
BREAKING: BoE raises interest rates by 25pbs to 4%⏰